13 May 2015
Australia's Q1 wage price Index eases in Q1
FXStreet (Bali) - Australia's Q1 wage price index came at +0.5% QoQ vs +0.6% expected, with the YoY reading at 2.3% vs +2.4% expected and prior of +2.5%.
March key points
TOTAL HOURLY RATES OF PAY EXCLUDING BONUSES
QUARTERLY CHANGE (DEC QTR 2014 TO MAR QTR 2015)
The trend index and the seasonally adjusted index for Australia rose 0.5% in the March quarter 2015. The Private sector rose 0.4% seasonally adjusted, and the Public sector rose 0.5%. The rises in indexes at the industry level (in original terms) ranged from 0.1% for Administrative and support services to 1.0% for Education and training.
ANNUAL CHANGE (MAR QTR 2014 TO MAR QTR 2015)
The trend and seasonally adjusted indexes for Australia both rose 2.3% through the year to the March quarter 2015. Rises in the original indexes through the year to the March quarter 2015 at the industry level ranged from 1.6% for Professional, scientific and technical services to 2.8% for Education and training.
March key points
TOTAL HOURLY RATES OF PAY EXCLUDING BONUSES
QUARTERLY CHANGE (DEC QTR 2014 TO MAR QTR 2015)
The trend index and the seasonally adjusted index for Australia rose 0.5% in the March quarter 2015. The Private sector rose 0.4% seasonally adjusted, and the Public sector rose 0.5%. The rises in indexes at the industry level (in original terms) ranged from 0.1% for Administrative and support services to 1.0% for Education and training.
ANNUAL CHANGE (MAR QTR 2014 TO MAR QTR 2015)
The trend and seasonally adjusted indexes for Australia both rose 2.3% through the year to the March quarter 2015. Rises in the original indexes through the year to the March quarter 2015 at the industry level ranged from 1.6% for Professional, scientific and technical services to 2.8% for Education and training.